SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Arris International PLC (ARRS)
ARRS 31.660.0%Apr 4 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Arthur Tang3/22/2009 12:19:55 PM
   of 661
 
Companies like IBM maintains their own stock with cash and stock pools. IBM can not buy their own stock and create a large short interest; which will lower their stock value when market makers had to buy back the shorted stock asap.

Borrowed stock has to be covered by companies that buy back with their stock pool, at a negotiated price with the market maker. Nasdaq publishes short interests each month.

I don't like the way ARRS maintains their own stock. Looks like buying too much borrowed stock over the counter to drive their own stock value down.

The way to do it is have 4 million shares available for ask price and have cash of $10 a share to buy back odd lot shares. It will take a good market maker with their customers to maintain a market. Just the company alone buying large blocks will not maintain a market; any market maker will not qualify to run and maintain a market? So, ARRS has to find out the size of customers(ARRS stockholder list) that a market maker has.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext